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Overview of Minsky's main contributions -- Where did we go wrong? Macroeconomics and the road not taken -- Minsky's early contributions : the financial instability hypothesis -- Minsky's views on money and banking -- Minsky's approach to poverty and unemployment -- Minsky and the global...
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Hyman Minsky's work represents one of the most important links between Post Keynesians and Institutionalists. We begin, in this essay, with a brief summary of some of his earlier work, including his well-known "financial instability hypothesis" and his policy proposals that were designed to...
Persistent link: https://www.econbiz.de/10014068878
Hyman Minsky's work represents one of the most important links between Post Keynesians and Institutionalists. We begin, in this essay, with a brief summary of some of his earlier work, including his well-known "financial instability hypothesis" and his policy proposals that were designed to...
Persistent link: https://www.econbiz.de/10014071452
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The world's worst economic crisis since the 1930s is now well into its third year. All sorts of explanations have been proffered for the causes of the crisis, from lax regulation and oversight to excessive global liquidity. Unfortunately, these narratives do not take into account the systemic...
Persistent link: https://www.econbiz.de/10008933495